HST Pathways and Casetabs Merge; Bain Capital Tech Opportunities Leads Majority Investment

HST Pathways Acquires Simplify ASC

April 29, 2022

Cloud & SaaS

HST Pathways, a Bain Capital company and provider of end-to-end software for ambulatory surgery centers, has acquired Simplify ASC, a Nashville-area software firm offering revenue cycle management and ASC management tools. The deal expands HST Pathways' ASC product suite and combines product development efforts to accelerate innovation and improve outcomes for ambulatory surgery center customers.

Thompson Street Capital Partners Recapitalizes Software Technology, Inc. (Tabs3)

January 17, 2017

Software

Thompson Street Capital Partners has partnered with Software Technology, Inc. (STI), maker of the Tabs3 and PracticeMaster legal practice management and financial software suites, in a recapitalization of the business. Cascadia Capital served as STI's exclusive financial advisor; the recapitalization will support product expansion and pursuit of new market opportunities.

Healthcare Building Solutions Acquires Transition Planning Division of Healthcare Technical Services (HTS)

June 28, 2022

Healthcare Services

Healthcare Building Solutions (HBS), a platform backed by Latticework Capital Management, acquired the Transition Planning Division of Healthcare Technical Services (HTS). The add-on expands HBS’s transition planning, facility activation, and move-planning capabilities and broadens its geographic reach across health systems, academic and community hospitals, and ambulatory facilities.

Bain Capital Acquires Stake in HSO from Carlyle

August 13, 2025

IT Services

Bain Capital is acquiring Carlyle's stake in HSO, the global Microsoft Dynamics services partner, with founder Peter J. ter Maaten investing alongside and remaining a significant shareholder and board member. HSO, founded in 1987 and headquartered in Amsterdam, provides Dynamics 365, Power Platform, Azure and AI services worldwide; Bain says the investment will accelerate HSO's global expansion and capability build-out around cloud and AI.

TCS Healthcare Technologies Acquires DataSmart Solutions with Follow‑On Investment from HCAP Partners

June 9, 2021

Healthcare Services

HCAP Partners made a follow-on investment in its portfolio company TCS Healthcare Technologies to support TCS’s acquisition of DataSmart Solutions, LLC. The add-on brings predictive risk analytics (built on the Johns Hopkins ACG system) into TCS’s ACUITYnxt population health SaaS platform to accelerate product roadmap and improve risk‑stratification capabilities for payers and other risk‑bearing organizations.

The Capstreet Group Majority Recapitalizes Surgical Notes

August 8, 2019

Healthcare Services

The Capstreet Group completed a majority recapitalization of Surgical Notes, Inc., partnering with the company's founders and shareholders to support growth. Surgical Notes, a Dallas-based provider of revenue cycle and technology-enabled services for ambulatory surgical centers, will be led by Randy Bishop as CEO and will pursue organic growth and acquisitions with Capstreet's backing.